Truist lowered the firm’s price target on Peakstone Realty Trust to $13 from $16 and keeps a Hold rating on the shares. Truist continues to see structural challenges in suburban office and believes there is heightened terminal risk in the sector, especially for the vacant buildings that Peakstone owns in the other segment, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PKST:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue